Acadia Realty Trust reposted this
One of the more fun aspects of my job is getting to think creatively about how to add value and create new opportunities at an asset. The Container Store's grand opening this month at 555 9th Street in San Francisco was an example of that, and marks a milestone in Acadia’s redevelopment of the shopping center. For decades the second level of this center was underutilized as ancillary sales space for a 70K sq ft Bed Bath and Beyond, and its parking sat idle with no pedestrian access to shopping. But the Container Store’s new space showcases the future of this center – a level of open-air retail sitting directly above a Trader Joe’s anchored street level. 555 9th Street offers San Francisco retailers an exciting alternative to downtown, with a strategic location at the intersection of I80 and Rt 101, with highway visibility, ample parking, off street loading, security and an exemption from formula retail restrictions. Additional anchor and shop space available for lease – don’t miss out! Robert D. (Bob) Higgins A.J. Levine Thad Logan